United Parcel Service Inc. (UPS) Dips 3.35% for October 01

Equities Staff  |

Among the S&P 500’s biggest fallers on Tuesday October 01 was United Parcel Service Inc. (UPS). The stock experienced a 3.35% decline to $115.81 with 4.3 million shares changing hands.

United Parcel Service Inc. started at an opening price of 120.25 and hit a high of $120.70 and a low of $114.85. Ultimately, the stock took a hit and finished the day at $4.01 per share. United Parcel Service Inc. trades an average of n/a shares a day out of a total 858.7 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. United Parcel Service Inc. hit a high of $123.63 and a low of $89.89 over the last year.

As the world's largest parcel delivery company, United Parcel Service uses more than 500 planes and 100,000 vehicles to deliver on average 1 million packages per day to residences and businesses around the globe. Domestic package operations generate about 61% of consolidated revenue, and international package adds 20%; less-than-truckload freight delivery, freight forwarding, logistics services, and retail stores contribute another 19% of sales.

With its headquarters located in Atlanta, GA, United Parcel Service Inc. employs 481,000 people. After today’s trading, the company’s market cap has fallen to $99.45 billion, a P/S of n/a, a P/B of 22.58, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on United Parcel Service Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: UPS’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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